WINNING STROKES: THINK DIFFERENT:

Refex Refrigerants Ltd hits the buyer freeze in the late afternoon trade before cooling down a bit. The scrip was recommended in this blog, last week for a price target of Rs.32-39. The season of the company is going on and the company has ventured into a new line of business. In FY11, the total revenue of the company was Rs.82.39 Cr, while the net profit of the company was Rs.7.23 Cr as against Rs.52.70 and a net loss of Rs.16.37 Cr in FY10. The EPS of the company for the FY11 is Rs.4.67 and CEPS of the company is Rs.6.31--this should give a minimum price of the scrip of around Rs.32-39, giving all discounts.

Excerpts of my message sent to the Paid Groups, yesterday (28. 07. 2011)morning: A gap down opening was seen today amidst sell off globally. Nifty remains under pressure below 5700 and F&O expiry today may worsen the case. Market witnessed huge volatility last week on the back of range bound move between 5500 and 5650. However, a positive close on Friday which suggested Completion of corrective phase proved to be false on Tuesday as strong selling from 5700 level seems to have given a break to the upward journey.

Accumulate Glory Polyfilms Ltd, as the company is doing well and those who will buy now will be rewarded massively going forward. 

Money Matters Financial Services Ltd hit the buyer freeze in the opening, trade, yesterday. The stock closed at Rs.109.80, closing above my first recommendation at Rs.108. This is a fitting reply to all those who were writing volumes about me in MMB, in their attempts to spoil my name and reputation. Jai Ho!!